By JOHN KOMBEGOVERNMENT through the Zambia Gold Company Limited (ZGCL) has bought gold worth about K9.5 million from gold miners in Rufunsa in one year. ZGCL Public Relations Officer Kaputo Liyani said yesterday the company had bought about 7,143 grams of gold from small-scale miners in Rufunsa from the time it started operations in June last year.The gold was valued at an approximate value of K9.5 million.Mr Liyani said that ZGCL would support small-scale gold miners in line with its objective of working towards the formalisation of the gold sub-sector.He pointed out that it was for this reason that the company was buying gold from the small-scale miners in the gold sub-sector.He encouraged unregistered entities to formalise their businesses so that they were not left out as the firm would only deal with legal entities.“We would like to encourage those who have not registered to do so because in future, it will be difficult to trade […]
RUFUNSA NETS K9.5M FROM GOLD SALES
